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LEAGUES POST AUDIO OF NCUA SESSION
updated 07/16/14 02:14 PM
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To ensure all member credit unions have access to the audio recording from the National Credit Union Administration’s (NCUA) Listening Session on June 26 in Los Angeles, the California and Nevada Credit Union Leagues have posted the session on its website.

Click here to access the Listening Session audio archive, which is categorized by topic so you can easily find and listen to subjects important to you.

The NCUA’s proposed Risk-Based Capital Rule is the most significant regulation credit unions have faced in several years. At this first Listening Session, discussions about the proposal dominated the meeting.

The Listening Session provided a great opportunity to be heard. Credit union leaders voiced their concerns on the proposed rule’s risk weightings, calibrations for concentration and interest rate risks, the definition of a “complex credit union,” opportunities to comment on a second proposal, the rule’s competitive disadvantage, and other issues.

“We want to thank attendees for raising their voices and making a powerful impact, as well as those who engaged in the comment letter process,” said Diana Dykstra, president and CEO of the Leagues.

 
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MCWATTERS DISSENTS ON BUDGET VOTE updated 11/22/14 06:37 AM
Also, Revised RBC Rule Coming
National Credit Union Administration (NCUA) Board Member J. “Mark” McWatters was the only one to vote “no” on the board’s 2015 proposed budget, which will increase 4.2 percent over last year. The vote was 2 to 1.

ANNUAL FED WEBINAR ON REGS, GUIDANCE updated 11/21/14 10:32 AM
Also, FinCEN Issues Advisories
Senior staff at the Federal Reserve will host an annual webinar to provide a recap of recent regulatory changes and highlight various inter-agency guidance. The webinar will also discuss current hot topics in the financial services industry and give a glimpse of future regulatory changes.

NEW EMPLOYMENT LAWS FOR 2015 updated 11/21/14 04:33 PM
Also, TIPs Bulletin Posted
The California Chamber of Commerce has released a list of new employment laws scheduled to take effect in 2015 or earlier that will have an impact on businesses in California.

DIANA DYKSTRA RECEIVES 'EAGLE AWARD' updated 11/20/14 10:41 AM
Outstanding Record of Achievement
Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues, was presented with the American Association of Credit Union Leagues’ highest honor—the Eagle Award—this week during AACUL’s winter meeting in Hawaii.